Latest in Big Election Bet
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Coinbase's big election bet is about to be tested
Coinbase emerged as a top corporate donor this election cycle, backing candidates the company viewed as supporting its pro-crypto agenga.Business - CNBC - 7 hours ago -
Investors betting on Treasurys like it’s the 2016 election all over again could be making a big mistake
The market backdrop for this presidential election isn’t remotely like 2016, says Jamie Patton, co-head of global rates at TCWBusiness - MarketWatch - 5 days ago -
US election betting is on a roll
In the months leading up to election day, people from around the world have placed millions of dollars in wagers on who will be the next American presidentWorld - Financial Times - 6 days ago -
Which team owns betting in the Big Apple?
How does the betting market compare between New York teams?Sports - ESPN - October 17 -
The White House Bet Big on Intel. Will It Backfire?
A plan to revive U.S. chip manufacturing rests partly on a company that is firing workers and delaying factories, even as the government pushes for the opposite.Business - The New York Times - October 24 -
U.K. Budget Makes a Big Bet on Spending for Growth
The Labour Party is betting that extra spending on public services and more investment will eventually revitalize the country’s stagnant economy.Business - The New York Times - 5 days ago -
Trump Is Betting Big on Musk’s Swing-State Moonshot
The candidate is leaning on an unusual canvassing effort funded by Elon Musk. If successful, it could usher in a new era when billionaires dominate ground campaigns.Business - The New York Times - 3 hours ago -
Concerns over 2024 election betting
New data shows more than $100 million has been legally wagered on the Kamala Harris and Donald Trump presidential race. Koleman Strumpf, the Burchfield Presidential Chair of Political Economy at ...Top stories - CBS News - 5 days ago -
Defence groups bet big on drone-destroying laser weapons
Leading contractors, including RTX in the US, the UK’s QinetiQ, and Europe’s MBDA, are investing heavily in the technologyBusiness - Financial Times - October 22 -
Polymarket Identifies a French Trader Behind Big Trump Bets
Polymarket said that it had linked a single trader to accounts that have wagered heavily on the Republican to win, pushing up his odds on the prediction market.Business - The New York Times - October 24 -
Britain's Labour Party Bets on Big Taxes, Borrowing to Boost Economy
The U.K.’s new government presented its plan to jolt the country out of years of moribund growth: more taxes and a bigger state.World - The Wall Street Journal - 6 days ago -
Big Tech Sees AI Bets Starting to Pay Off
Microsoft, Google and Amazon all reported strong quarterly growth in cloud revenue but warned of increased capital spending.Business - The Wall Street Journal - 4 days ago -
Election outcome could bring big changes to Medicare
How the U.S. election plays out could have a major impact on the millions of Americans enrolled in Medicare. Here's what to know.Top stories - CBS News - Yesterday -
Democrats bet big on Texas, using Beyoncé's star power in bid to flip Senate seat
The Democratic Party are hoping to defeat Ted Cruz to keep control of the Senate, but it is an uphill battle.Top stories - BBC News - October 25 -
Election betting: Appeals court fast-tracks CFTC challenge to Kalshi political bets
The Commodity Futures Trading Commission opposes the offer of bets on political races offered in contracts by Kalshi and other event-based platforms.Business - CNBC - October 14 -
US election bets surge after court lifts ban
Traders on prediction markets narrowly favour a Trump victory over Harris next monthWorld - Financial Times - October 15 -
The stock market still leans to this candidate winning the presidential election
The Dow’s indication of who will win the U.S. presidency deserves to be taken seriously.Business - MarketWatch - October 19 -
These two crypto funds will likely do better if Trump wins. Here’s why.
Grayscale Investments’ Digital Large Cap Fund and Bitwise Asset Management’s Bitwise 10 Crypto Index Fund could provide attractive opportunities to bet on Donald Trump’s victory in next month’s ...Business - MarketWatch - October 18 -
Election Odds Swing in Trump’s Favor on Polymarket, a Crypto Betting Site
Donald Trump, Elon Musk and CNN have cited election predictions from Polymarket, a betting site where crypto enthusiasts have wagered more than $100 million on who will win the presidency.Business - The New York Times - October 25 -
Robinhood is joining the election-betting party by offering wagers on Harris and Trump
With the U.S. presidential election a week away, another brokerage is letting people bet on whether Kamala Harris or Donald Trump will win.Business - MarketWatch - October 28 -
Robinhood Rolls Out Presidential Election Derivatives as Another Predictive Bet Option
After a legal ruling allowed wagering on the Nov. 5 election, another retail trading platform adds the option, this time with event contracts.Business - Inc. - October 28 -
Trump Media Stock Jumps Again as Traders Bet on Election
Shares of the Truth Social parent company continue to soar, pushing the market value of the firm above $10 billion.Business - The New York Times - October 29 -
Investors step up bets that US election will trigger market volatility
Jitters sweep through bond and currency markets before presidential voteWorld - Financial Times - 4 days ago -
Election betting is newly legal — and risks getting confused with polls
Wagers have been flooding in after a ruling opened the door to U.S. users placing bets on ballot outcomes, raising concerns that the lines between elections and sports would blur.Top stories - NBC News - 4 days ago -
Don’t take the betting market odds on Tuesday’s U.S. election too seriously
This year’s U.S. presidential election has suddenly made betting on politics a topic of mainstream conversation.Business - MarketWatch - Yesterday -
Gambling on 'vibes' — why the betting markets are getting the election all wrong
The betting markets currently have Donald Trump at a 62% chance of winning Tuesday's election, but this is based on the bettors' models that rely on social media engagement, which may not ...Politics - The Hill - 2 days ago -
Brokerages are raking in millions from your presidential election bets
There’s a lot of money to be made off of election betting, and brokerages are cashing in.Business - MarketWatch - 2 hours ago -
Elon Musk makes big push to get Trump elected again
Elon Musk, the world's richest man, stepped up his support of former President Donald Trump with new campaign appearances and by giving tens of millions of dollars to help the Trump campaign. NBC ...Politics - NBC News - October 16 -
How Trump is using a new 'big lie' to undermine the 2024 election results
Former President Donald Trump and his Republican supporters are mobilizing around a new “big lie”: the false claim that a flood of noncitizens votes could swing the 2024 election.Top stories - NBC News - October 25 -
A big pandemic-era IOU is coming due after the U.S. election
Major U.S. companies will need to refinance some $250 billion in low-coupon bonds issued in 2020. Tax policy is up for grabs in the election.Business - MarketWatch - October 29 -
Sarah Palin suggests gender not a 'big darn deal' in 2024 election
Former Alaska Gov. Sarah Palin (R) suggested Wednesday that gender is no longer a “big darn deal” as the race between Vice President Harris and former President Trump winds down. “I personally ...Politics - The Hill - 5 days ago -
The Big Question: who do you think will win the US election?
Harris and Trump are neck and neck as the campaign reaches its closing days. Can you see a winner — and why?World - Financial Times - 4 days ago -
Why the election outcome could bring big changes to Medicare
Democrats and conservatives are divided over whether the federal health program for people over 65 should be run almost entirely by the private sector.Top stories - ABC News - 4 days ago -
Trump Media stock surges as election betting odds shift, Truth Social launches streaming site
The DJT surge came as some election betting markets shifted in favor of Donald Trump over Kamala Harris, and as Trump Media launched a Truth+ streaming site.Business - CNBC - October 14 -
Here’s Why Election Betting Activity Is Raising Eyebrows Ahead of the November 5 Vote
A sudden $30 million surge in election bets on a Trump win leads some observers to suspect an attempt to manipulate the election.Business - Inc. - October 21 -
How Trump proxy stock ‘DJT’ has come to reflect election-betting data
Trump Media & Technology Group shares extended their recent rally Wednesday, as the stock continues to reflect betting data ahead of the Nov. 5 presidential election.Business - MarketWatch - October 23 -
Election-betting odds are swaying some stock-market investors as Trump’s chances improve
Stock-market investors appear to be taking cues from shifts in betting markets that show a rising probability not only of Donald Trump winning the presidency on Nov. 5, but of Republicans also ...Business - MarketWatch - October 24